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InCred Holdings, the 100% holding company of InCred Financial Services Limited (InCred Finance), has confidentially filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), as per the public announcement.

The company, part of Bhupinder Singh founded InCred Group, is looking to tap the capital markets.

According to several reports, the IPO size could be in range between Rs 4,000-5000 crore. The IPO will comprise of fresh issue as well as an offer-for-sale.

InCred Finance is part of InCred Group, a diversified financial services group that has three distinct business – ‘InCred Finance’ the lending focused NBFC, ‘InCred Capital’ the integrated institutional platform and ‘InCred Money’ which is the retail wealth-tech inve

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